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why don't you put up the s "i will cut the deficit in my first term. this is a one-term proposition." >> headline in the "new york times," romney paid a 14% tax rate. they never said he paid almost $2 million in taxes. >> and where is the evidence about the sullying of the religion? what is he basing that on? >> bill: look, he nearly lost his life when he was on a mission. he's donated a fortune to his church and charities. i mean, you know, can you imagine -- just reverse
why don't you put up the s "i will cut the deficit in my first term. this is a one-term proposition." >> headline in the "new york times," romney paid a 14% tax rate. they never said he paid almost $2 million in taxes. >> and where is the evidence about the sullying of the religion? what is he basing that on? >> bill: look, he nearly lost his life when he was on a mission. he's donated a fortune to his church and charities. i mean, you know, can you imagine...
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it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of these moments -- and every time he's had one of these moments, not only has he failed to capitalize on them, in fact, he's fallen further behind. i don't think mitt romney is up to the task of turning this thing around and i don't think there are enough undecided voters left. >> bob, he's still digging in, feeling he could win white working-class voters in ohio on this welfare claim. he's sticking to his guns on the claim that the president wants to roll back work requirements for welfare even though politofact take a look at what he says. >> any time there's anything that has been amiss, we corr
it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of...
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. >> we still have trillion dollar deficits. the cbo says we'll have a trillion dollar deficit each of the next four years. >> reporter: these two men, they are virtually strangers to each other personally. they've only met in person three times before tonight. most recently, in passing, on a debate stage in new hampshire way back in 2008, when republicans followed democrats in debate three days before the primaries. and there was this brief encounter on the campaign trail in 2007. >> good luck to you today. >> reporter: and while they have both reached the pinnacle of party politics, they are so different. their talents and their paths to power and their debate styles. so much at stake on that stage tonight. this showdown comes at what might be the critical moment in this campaign. a hinge of political history. polls show the race tightening, just 34 days left in this campaign. and you can already sense in the crowds the special energy of the home stretch. but tonight, surprisingly, and in contrast to the daily scrap on the tra
. >> we still have trillion dollar deficits. the cbo says we'll have a trillion dollar deficit each of the next four years. >> reporter: these two men, they are virtually strangers to each other personally. they've only met in person three times before tonight. most recently, in passing, on a debate stage in new hampshire way back in 2008, when republicans followed democrats in debate three days before the primaries. and there was this brief encounter on the campaign trail in 2007....
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over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a fat guy tweaking. >> do we even know what kind of dog? >> dana: i don't really -- >> eric: talk walking down the street -- >> greg: who speaks for eaten dog. >> bob: good example of -- do go ahead. >> eric: to give you an example. okay. so -- [over talking ] under president obama whic thiss what we have gotten. $100, economic activity. it cost us $3 trillion. $300 in debt. but to get $300 in debt, you have to spend $700. you have to spend $700 to get the $100 economic activity under president obama. >> kimberly: don't give that to bob. >> eric: give me a
over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a...
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we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this round. we begin with you. >> do you think any changes are needed to benefit new hampshire's business community? >> what i have heard about mostly from the business community in terms of integration are the high-end technical employees that they would like to be able to talk about going to new hampshire. as well as, on the art or cultural sector, another is an issue about bringing in part-time work on the road in hopkinton, and i know we need to bring people in. but in general, i have not heard any immigration issues in new hampshire. i thi
we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this...
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if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their ow
if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the...
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possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't just pick binners and losers, pick the losers. and carl rove joins us. let's go to the issue of undecided. jump in there. those at least watching. >> well, we're likely to see a bump out of this. not much of a bump but a little bit of a bump. first debate is most important of the debates and this typically the winner that gets a point two points out of the debate. there is a close race like this, that matters but to step back just a moment. what matters is that there is to a lesser extent there is the vice presidential debate. soits not over tonight but there is a strong start for mitt romney. and this is an asto
possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't...
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tell you that that is just not the kind of inconsistency that he can afford at this point given the deficits he faces. >> your thoughts, john. >> well, look, chris, i just think he's in an untenable position, and he has been all along. the bottom line on mitt romney is he's proud of his massachusetts health care law. there's part of him that wants to defend it, there's part of him that's always wanted to defend it, and he found himself running in a republican primary where he couldn't defend it as forthrightly as i think what his heart would have wanted to do. so he twisted himself up in a lot of knots. i think there's some theoretical way in which you could make a federalist argument, but he hasn't made that argument consistently either. he should have stood up and said the individual mandate is a conservative policy. it was invented at the heritage foundation and embraced by conservatives as recently as a decade ago. he could have made the argument for health care and said that's what the conservative position was. he didn't have the guts to do that. he's ended up in this bizarre position
tell you that that is just not the kind of inconsistency that he can afford at this point given the deficits he faces. >> your thoughts, john. >> well, look, chris, i just think he's in an untenable position, and he has been all along. the bottom line on mitt romney is he's proud of his massachusetts health care law. there's part of him that wants to defend it, there's part of him that's always wanted to defend it, and he found himself running in a republican primary where he...
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deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a transportation expert and i don't think these guys are either. actually i graduated from school as a civil engineer, but they work five years as a civil engineer, but lately i've computers. but why should a bureaucrat decide, you know, what mode of transportation is best, whether we have rail or highway is? it got us in trouble in the beginning. we built all these highways. we overdo it on the highways. now we have pollution and gas consumption because some bureaucrat decided that we needed highways. while now were tr
deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a...
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you said you'd cut the deficit in half. the cbo says we'll have a trillion dollar deficit each of the next four years, if you're reelected, we'll get to a trillion dollar debt. you have said before you'd cut the cef sit in half, and i love this idea of $4 trillion in cuts, getting closer to a balanced budget, except we still show trillion dollar deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raise taxes. why don't i want to raise taxes on people? and actually you said it back in 2010, you said, look, i'm going to extend the tax policies that we have now, i'm not going to raise taxes on anyone because when the economy's growing slow like this, when we're in recession, you shouldn't raise taxes on anyone. well, the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made that statement. and so if you believe the same thing, you just don't want to raise taxes on people. and the reality is it's not just wealthy people, y
you said you'd cut the deficit in half. the cbo says we'll have a trillion dollar deficit each of the next four years, if you're reelected, we'll get to a trillion dollar debt. you have said before you'd cut the cef sit in half, and i love this idea of $4 trillion in cuts, getting closer to a balanced budget, except we still show trillion dollar deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raise taxes. why don't i want to raise...
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he promised to cut the deficit at the end of his first term. he's blown a hole in the deficit large enough to drive a mack truck through. >> sean: i want to go to ralph's point here. this president said the republicans want dirty air and water, that mitt romney is pretty much a murderer, they want kids with autism, down syndromes and the elderly to fend for themselves. this president has never been asked why he said those things and why he believes them. >> it's simple. there's 23 million giving up looking for work. you engage in personal attacks on your opponent. it's not going to work. i'll tell you why, it's not going to work because the failed economic record of this president, and it's not going to work because he's out of step with the values of mainstream perq. it doesn't how much they try to smear romney's faith, those personal attacks -- >> sean: he agree. >> when senator reid said this, and i don't think it was fortunate to say this, but when he said this about mitt romney's faith, we come after him, how come it was okay to for john b
he promised to cut the deficit at the end of his first term. he's blown a hole in the deficit large enough to drive a mack truck through. >> sean: i want to go to ralph's point here. this president said the republicans want dirty air and water, that mitt romney is pretty much a murderer, they want kids with autism, down syndromes and the elderly to fend for themselves. this president has never been asked why he said those things and why he believes them. >> it's simple. there's 23...
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having deficits. remember, there was a trillion dollars in debt before we got here. that's got to be paid by our children and grandchildren, too, if we don't do it. and i'm hoping we can start some payments on it before we get through here. that's why i want another 4 years. >> well, we have time now, if you'd like to answer the president's question, or whatever rebuttal. >> well, we've just finished almost the whole debate. and the american people don't have the slightest clue about what president reagan will do about these deficits. and yet, that's the most important single issue of our time. i did support the '76 measure that he told about, because we were in a deep recession and we needed some stimulation. but i will say as a democrat, i was a real piker, mr. president. in 1979 we ran a $29 billion deficit all year. this administration seems to run that every morning. and the result is exactly what we see. this economy is starting to run downhill. housing is off. last report on new purchases, it's
having deficits. remember, there was a trillion dollars in debt before we got here. that's got to be paid by our children and grandchildren, too, if we don't do it. and i'm hoping we can start some payments on it before we get through here. that's why i want another 4 years. >> well, we have time now, if you'd like to answer the president's question, or whatever rebuttal. >> well, we've just finished almost the whole debate. and the american people don't have the slightest clue...
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that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing to meet with world leaders bike prime minister benjamin netanyahu, not willing to reach across the isle about serious matters. massive cuts and our defense are looming. the massive tax hike in history is imminent. mr. president, the solutions to those problems won't be reached by sitting on the couch of the "the view," nor found in jay-z's nightclub, nor in george clooney house. the author of a brand-new "new york times" bestseller is here. bob woodward. you said this is a moment of maximum peril. you described a president not engaged in terms of relationships to fix the p
that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing...
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that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the treasury bonds or why you carve out the spousal exemption for why you took $5 million from sheldon adelson. this is from my son. last year when you and the president went on a budget standoff that threaten to shut down the government, he voted to continue paying members of congress. you voted against a bill which would have been short the members of the armed services continue to get paid. how could you in good conscience vote to continue your own pay but vote to stop paying our servicemen and women that you voted to send into combat in afghanistan?
that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the...
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we need to take the deficit seriously, bring the deficit down so companies can grow. bass: the politics of envy is a sad chapter in politics and i would only suggest as i have said earlier and earlier, bring it to the table. if president obama and ann kuster's idea of reducing the deficit and raising taxes on corporations and individuals with incomes of $200,000 a year bring them to the table. i will consider it. show me where you will find the $4 trillion to get the budget balanced in the next ten years. kuster: with $1 trillion in new tax breaks. >> moderator: i want to move to our final segment. that is all the time we have. we will return for a few final questions. each of you will have one minute. if there is a follow-up question, 30 seconds and for the first round -- that last round. >> do you think any changes in federal immigration laws are needed to benefit the business community? kuster: what i have heard in terms of immigration are high end technical employees that they would like to bring to new hampshire as well as in the agricultural sector there is an i
we need to take the deficit seriously, bring the deficit down so companies can grow. bass: the politics of envy is a sad chapter in politics and i would only suggest as i have said earlier and earlier, bring it to the table. if president obama and ann kuster's idea of reducing the deficit and raising taxes on corporations and individuals with incomes of $200,000 a year bring them to the table. i will consider it. show me where you will find the $4 trillion to get the budget balanced in the next...
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and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congress aes/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been doctors, lawyers, indian
and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congress aes/ what does it take to get...
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the biggest difference that i've noticed, is that women are talking about the economy and jobs and deficit spending, which i have found amazing. i will tell you the other thing that's wonderful, the really good part of being on a campaign, and that is how millions of people are behind us, how many people are praying for us, how many people are praying for me in particular with my health concerns. so this is such a great country. there are so many wonderful people out there. but we're all concerned about the future. we know we just cannot afford four more years of what we've been facing the last four years. >> greta: how was that plane ride? >> it was not fun. >> greta: not fun? so what happened? smoke filled the cabin? >> yes. i was watching a movie. i was completely oblivious, and all of a sudden my movie shorted out. i turned around. i was at the front. i turned around and saw everyone's look of shock in the back of the plane. they kind of kept me in the dark, i think, knowing there wasn't much i could do about it. and i turned around, i said, oh, dear, there's a lot of smoke. there was
the biggest difference that i've noticed, is that women are talking about the economy and jobs and deficit spending, which i have found amazing. i will tell you the other thing that's wonderful, the really good part of being on a campaign, and that is how millions of people are behind us, how many people are praying for us, how many people are praying for me in particular with my health concerns. so this is such a great country. there are so many wonderful people out there. but we're all...
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we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of washington watchdog which keeps a close eye on legislation in federal funding. jim is the washington watchdog -- watch.com several times in the course of this presentation. last but not least is john wonderlich who is the policy director at the sunlight foundation and all-around transparency gadfly. that is his official title. more information about today's panelist on your chairs and transparencycaucus.org. i would like to thank the cochairs of the congressional transparency caucus for getting us this space and opportunity to have a conversation with you today. i promised i wo
we are going to explore the progress over the 112th congress and identify deficits. we are going to do my portion very quickly because what is interesting -- let me start by introducing them. on my right is hugh halpern leaders the staff director of the house of representatives committee on rules. on the committee he search as the chief adviser on committee and leadership patterns. immediately to my left is jim harper, director of information policy studies at the cato institute and founder of...
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. >> there are three ways you can cut the deficit. one is to raise taxes. no. two is to cut spending. number three is to grow the economy. if more people work, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. the problem is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what would i come from spending? i would eliminate all programs by this test if they do not pass it. is is so critical it is worth borrowing money from china to pay for? if not, i would cut it. obamacare is on my list. i use that term with all respect. >> i love it. >> i will stop subsidies to pbs. i will not keep spending money on things to borrow money to pay for it. i will take programs that are currently good programs, but if you run more efficiently at the state level. number three, i will make government more efficient and cut back the number of employees. i will combine some agencies and departments. cutbacks will be done through attr
. >> there are three ways you can cut the deficit. one is to raise taxes. no. two is to cut spending. number three is to grow the economy. if more people work, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. the problem is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what would i come from spending? i would eliminate all programs...
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>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in westerville, ohio. martha: fire and protests in the streets of europe. listen to some of this. [shouting]. those are the scenes with riot police out in force in the streets of the city of madrid. clashing with hooded protesters there. tens of thousands of demonstrators have taken to the streets according to reports on the ground there. they're angered at another round of steep budget cuts that have come down. a default is the concern here and that could sink europe's economy and could sink ours as well, many economists believe if it comes to that. amy kellogg joins me live
>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in...
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and most americans don't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about your chart was this. i'll tell you what. the president is glad the election is only 39 days away. because yesterday kind of quietly, i don't want to get wonky, we had dismal economic data. we referenced it at the top. durable goods was terrible. boeing sold only one aircraft in august. gdp was revised down. 25% of people, i can't remember the source of the poll, basically said they'll slow down spending because of the fiscal cliff issue. things are slowing down because people, smart viewers of "morning joe" and cnbc know that we're going to get the biggest tax hike in history if congress doesn't do s
and most americans don't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about...
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Oct 2, 2012
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there is a lot of talk about deficit and long-term growth. the subject of long-term unemployment has virtually disappeared since obama decided to abandon the stimulus, and i do not think in my ideal media world -- the media would be more effective at moving issues like that back on the agenda. >> ok. pessimistic and all of the things that they have a hard time being. i thought we were famous for complaining all of the time. one or two notes before i get to the awful stuff. first of all, it is truly uplifting, i think everyone would agree, to see so many people turning out on an early saturday morning when you could be doing other things. there has to be a rerun of " housewives of orange county," or sipping cappuccinos, rather than talking about this. as someone who has knocked around in for a few years, it is truly cheery to me to see that passion out there and that you have voted with your feet in such numbers, so thank you all for making me feel good. as i look across the coverage of this campaign, there are a few things i think are worth p
there is a lot of talk about deficit and long-term growth. the subject of long-term unemployment has virtually disappeared since obama decided to abandon the stimulus, and i do not think in my ideal media world -- the media would be more effective at moving issues like that back on the agenda. >> ok. pessimistic and all of the things that they have a hard time being. i thought we were famous for complaining all of the time. one or two notes before i get to the awful stuff. first of all,...
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Oct 2, 2012
10/12
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and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been doctors, lawyers, indian ch
and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get...
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Sep 30, 2012
09/12
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why hasn't this become at least thbeginning of a serious discussion about reducing the federal deficit? >> it was the starting point and there were a lot of good ideas in that particular commission. what we really stuck with -- ultimately, you have to put the whole thing into a budget to make it work. you have to balance those different elements and saywhat is a reasonable approach? it is all but what -- like what if -- it is a little bit what like families have to do. the budget has been set up for a vote and the budget has passed. was the budget i would have written? no, it was not quite as conservative. it was still a reasonable approach that puts us back on track to recovery. those budgets, of course, go where? to the senate. what happens when we send bills to the senate? they die. the budget saw in the senate and died. -- sat in the senate and died. that is the reason i am running for the senate. the senate cannot get anything done. it is the fed's rule of law that we are supposed to have a budget every year. i do not think the debt ceiling increase and another 10%, the sequestrat
why hasn't this become at least thbeginning of a serious discussion about reducing the federal deficit? >> it was the starting point and there were a lot of good ideas in that particular commission. what we really stuck with -- ultimately, you have to put the whole thing into a budget to make it work. you have to balance those different elements and saywhat is a reasonable approach? it is all but what -- like what if -- it is a little bit what like families have to do. the budget has been...
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social security hasn't contributed one nick toel to th deficit. can pay out benefits for the next 21 years. the president should be saying now what he said four years ago. he will not cut social security while romney and ryan certainly are. >> now, senator, one thing that i think is puzzling democrats and supporters of the president, as well, today is both men had a chance at closing arguments last night. that is one of the things that they knew was coming their direction. listen in part to what president obama had to say. >> four years ago, i said that i'm not a perfect man and i wouldn't be a perfect president and that is a promise that governor romney thinks i kept. >> why specifically point out the flaws? was that a good choice? >> well, i think not. i mean, i think -- here's what i think the position of the president should be. look, everybody knows the economy is in a lot of trouble today. we all know that. everybody knows that the rich are getting much richer and the middle class is shrinking and poverty and that is the simple truth. but wh
social security hasn't contributed one nick toel to th deficit. can pay out benefits for the next 21 years. the president should be saying now what he said four years ago. he will not cut social security while romney and ryan certainly are. >> now, senator, one thing that i think is puzzling democrats and supporters of the president, as well, today is both men had a chance at closing arguments last night. that is one of the things that they knew was coming their direction. listen in part...
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Oct 3, 2012
10/12
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keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, probably tempered a little bit to get democratic votes. if he becomes president, he what the mandate for something close to that. either way, we will probably get a pretty big deal. i think 2013 becomes a big entitlement reform, tax reform, budget reform moment. there will be an amazing pivot on november 7. suddenly the campaign will be over. guess what, we are going to have entitlement reform. all of the things is that about mitt romney will destroy america, suddenly we will do something that
keep printing money and expecting the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the...
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Sep 26, 2012
09/12
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and you talk about the deficit? the paul ryan budget that mr. romney says is a marvelous budget won't achieve balance until 30 years from now? romney-ryan aren't even fiscally responsible in their plans. all they want to do is to go back to the bush policies. >> let me interrupt. >> the debt just went up astro nommicly under this president. he's moving in the wrong direction. >> thank you both, ted strickland, ken blackwell, appreciate the discussion. thank you. >>> the world is focusing on iran's nuclear program, thanks in part to israel's attention to the issue. but what about israel's nukes? we investigate next. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. and the c
and you talk about the deficit? the paul ryan budget that mr. romney says is a marvelous budget won't achieve balance until 30 years from now? romney-ryan aren't even fiscally responsible in their plans. all they want to do is to go back to the bush policies. >> let me interrupt. >> the debt just went up astro nommicly under this president. he's moving in the wrong direction. >> thank you both, ted strickland, ken blackwell, appreciate the discussion. thank you. >>>...
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Sep 30, 2012
09/12
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a bunlet deficit, but also an investment of jobs, an income deficit. people are working harder for less money than they were making ten years ago. the $16 hundred drop in the st two years. the problem with the perot prescription is that a economists that talk about it, if you cut the deficit, it will slow down the economy. that's why i think we shouldn't do it that quickly. we have a discipline over the next five years. first, et inseptemberives to inv we have to investgrowth. they have endorsed that approach because it offers the best growth to put america back to get the income rising. >> president bush. >> i disagree with mr. don't think it's fair to slap a 50 cent tax over the many years of the people that drive for a living and peop that go long distances. i don't think we need to it. i agree what talking getting the spending down and the discipline although i think we should exempt social security. he's talking tough medicine. i diith the tax and spend philosophy. i don't think we need to tax more and spend more and say that is going to make the
a bunlet deficit, but also an investment of jobs, an income deficit. people are working harder for less money than they were making ten years ago. the $16 hundred drop in the st two years. the problem with the perot prescription is that a economists that talk about it, if you cut the deficit, it will slow down the economy. that's why i think we shouldn't do it that quickly. we have a discipline over the next five years. first, et inseptemberives to inv we have to investgrowth. they have...